RPM Freight Systems announced an acquisition that expands the company into such corporate fleet services as driveaway, vehicle storage and titling and registration. RPM, a non-asset-based logistics and supply chain solutions company, said Tuesday it has purchased Professional Automotive Relocation Services. “We are thrilled to have the support of Trive Capital and BlueJay Capital in […] [Read More]

Wednesday also meant there were exactly three weeks left in 2025. And what Black Book noticed in the wholesale market last week reflected what auctions, consignors and dealers typically experience when there’s only that much time left on the calendar. According to the newest installment of Market Insights, wholesale prices retreated by 0.78% as the […] [Read More]

Auction Academy president Penny Wanna is leaving 2025 feeling energized about the executive development program. The academy’s 14th year included the culmination of one class and the beginning of the next, as well as new sponsors and industry awards, all of which Auction Academy said reflects its “commitment to leadership development, innovation and collaboration” in […] [Read More]

Auction sales of 2-year-old vehicles from commercial consignors climbed nearly 32% year-over-year in November and beat October numbers by 4%. Through 11 months of the year, sales of these vehicles have jumped 33.6% from the same period of 2024. What does this indicate? For one, it means that “rental fleets continue to remarket larger quantities […] [Read More]

“Merry” is a word you hear a lot this time of year. But for Montway Auto Transport, it’s not about holiday cheer. It’s about security. The third-party logistics brokerage announced it has integrated the Ship.Cars Fraud Detection Tool — personified by Montway’s new security icon, Merry Montana — into its platform. In a news release, […] [Read More]

On the franchised dealer side of its business, OPENLANE provides private-label programs for automakers, who can sell wholesale vehicles directly to their dealer bodies. “And what that means is the majority of franchise dealers out there are customers of ours through those private-label programs, and that creates a sort of an entry point and a […] [Read More]

America’s Group has added two auction operations and extended its footprint to another state. The auction company said Monday it has acquired Jefferson Mid-State Auto Auction in Wisconsin and United Mobile Auctions in North Carolina. The latter is America’s first purchase in the Tar Heel State. Jefferson Mid-State has been renamed America’s Auto Auction South […] [Read More]